What is 'token inflation'?

Описание: The Xenea is an EVM-compatible Layer 1 blockchain with integrated autonomous decentralized storage.

Airdrop Link:
https://xenea.app/register/167iZjP2pA

After Registration Download the app from Play Store or App Store
App Name: XENEA WALLET


How to Farm XENEA AIRDROP?
• Participate Daily Quiz and earn Xenea Points.


What is XENEA?
XENE is the native token of the Xenea network; XENE utilities are as follows:

Network Currency: Used for transaction fees and network usage fees.

Governance: Used by holders and their agents to exercise governance over proposals in the future (e.g., parameter changes, protocol upgrades, etc.).

Block Rewards: Rewards are used to protect the network and support the PoD consensus that validates transactions on chain. Escrow and voting nodes receive XENE rewards as an incentive to continue to secure the network. Incentives for DACS nodes that provide storage are also allocated from block rewards. Rewards to these network participants are newly issued according to rules encoded in the protocol, increasing the supply of tokens up to a defined issuance limit.

Collateral for DACS: Used as collateral to become a DACS node, which is on-chain storage; to operate a DACS node, node operators are responsible for staking XENE and storing data.

Rewards for Contributors: Used to reward ecosystem builders and community contributors.

*XENE Tokenomics

XENE's Tokenomics aim to build a token economy that supports the Xenea to achieve the following key outcomes:

Security: An appropriate incentive model which rewards mining activity based on protocols will encourage many ecosystem participants to operate secure nodes.

Decentralization: Future distributed nodes and communities will contribute to ecosystem expansion and governance decisions.

Sustainability: The tokenomics are designed to encourage all important processes associated with the Xenea (e.g., verification of blocks) in a sustainable manner.

Ecosystem Development: XENE is used as an incentive for dApp developers to use the Xenea for application and service development.

*XENE Max Supply

The maximum supply of XENE issued is 1,832,810,964 XENE, consisting of 1,201,658,964 XENE (~65.6%) generated at the Genesis block and 631,152,000 XENE (~34.4%) generated through subsequent mining.






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What is 'token inflation'?